Varonis Systems (VRNS) Return on Equity [ROE] (2014 - 2026)
Varonis Systems' Return on Equity [ROE] came in at -34.86% for Q3 2026, down 10.65 percentage points from -24.21% a year earlier and down 3.37 percentage points from the prior quarter.
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Analysis
Varonis Systems (VRNS) Return on Equity [ROE] (2014 - 2026) Analysis & Trends
For FY2025, Varonis Systems' Return on Equity [ROE] was -24.53%, down 4.27 percentage points from FY2024.
- Return on Equity [ROE] carries a five-year change of +75.69 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was -20.26% in FY2024 (+0.09 pp), -20.35% in FY2023 (+2.32 pp), -22.67% in FY2022 (+11.17 pp) and -33.84% in FY2021 (+66.38 pp).
- The Q3 2026 figure represents the lowest quarterly Return on Equity [ROE] since Q4 2020.
- Year-over-year, Return on Equity [ROE] has declined for three consecutive quarters, with an average year-over-year change of -3.86 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q4 2021 (a gain of 86.32 percentage points), and the weakest in Q3 2026 (a drop of 10.65 percentage points).
- Business Quant data shows VRNS's Return on Equity [ROE] at -31.49% (Q2 2026), -24.79% (Q1 2026) and -21.49% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 235.00 Bn | 220.07 Bn | 2.30 Bn | 1.11% |
| 2 | CrowdStrike Holdings | 221.18 Bn | 201.58 Bn | 1.10 Bn | 1.60% |
| 3 | Snowflake | 96.49 Bn | 83.81 Bn | 1.04 Bn | -53.23% |
| 4 | Fortinet | 87.26 Bn | 71.51 Bn | 1.64 Bn | 120.13% |
| 5 | Datadog | 64.27 Bn | 44.82 Bn | 959.92 Mn | 5.77% |
| 6 | Zscaler | 31.67 Bn | 17.82 Bn | 689.22 Mn | -2.54% |
| 7 | Okta | 29.42 Bn | 19.51 Bn | 641.00 Mn | 4.27% |
| 8 | Axon Enterprise | 25.30 Bn | 19.82 Bn | 546.45 Mn | 5.53% |
| 9 | MongoDB | 25.20 Bn | 15.67 Bn | 569.77 Mn | 1.99% |
| 10 | Varonis Systems | 5.61 Bn | 2.73 Bn | 142.57 Mn | -34.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -34.86% |
| Jun 30, 2026 | -31.49% |
| Mar 31, 2026 | -24.79% |
| Dec 31, 2025 | -21.49% |
| Sep 30, 2025 | -24.21% |
| Jun 30, 2025 | -29.03% |
| Mar 31, 2025 | -22.12% |
| Dec 31, 2024 | -21.66% |
| Sep 30, 2024 | -18.86% |
| Jun 30, 2024 | -19.40% |
| Mar 31, 2024 | -21.89% |
| Dec 31, 2023 | -21.60% |
| Sep 30, 2023 | -24.20% |
| Jun 30, 2023 | -24.47% |
| Mar 31, 2023 | -23.20% |
| Dec 31, 2022 | -24.07% |
| Sep 30, 2022 | -26.20% |
| Jun 30, 2022 | -25.10% |
| Mar 31, 2022 | -22.96% |
| Dec 31, 2021 | -19.92% |
API Access
Varonis Systems Return on Equity [ROE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=VRNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "VRNS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=VRNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();